The Senior Special Assistant to President Muhammadu Buhari on Niger Delta Affairs, Senator Ita Enang has said that plans were on the way to sell petrol less than N100 per litre.
Enang said as soon as local refineries begin operation, the price of petroleum products would be forced to crash.
He disclosed this during a meeting with the Domestic Refinery Owners Association of Nigeria who paid him a visit in Abuja.
He explained that the reason why petroleum products prices are high is because the process of extracting, exporting, refining and bringing it back to Nigeria is very cumbersome and expensive.

As we succeed with you, which I believe that we will succeed, we will eliminate and be able to crash the price of refined petroleum product because what makes refined petroleum products costly is one, the cost of freight, sending it abroad to be refined, you pay Port Authority, you pay NIMASA, you pay for chatter of the vessels that take it there, you pay the duties in the in Nigeria, you pay the duties in the country that it is landing, you pay the duty of those countries, you pay the labour of those countries where they refined and then you bring them back, you pay the freight, you pay the vessel if it is not landing early and it is hanging somewhere in the sea, and all that is transferred to the price of the refined products.
And finally you’ll now see that NNPC will put their price, Petroleum Price agency will put their price.

Read the full story on :
https://esardyservices.com/2020/09/18/nigeria-to-sell-petrol-less-than-100-naira-per-litre-presidency/

Amen, let our dreams come through.

abeg na presidential election or Edo election them one do, because this people done confuse me, why dem dey campaign now. abi na dem b opposition way dey eye d oga on top sit

Jumlek2411:
Amen, let our dreams come through.

Which dream?
Beta wake up

Until then otherwise this government don F

Why not tell buhari to borrow from china and use the money to fix our refineries rather than borrowing and using Abacha loots for Rail projects all the time.

We have serious security challenges in this country and the Government is not doing the needful. Trains can easily be attacked by Boko Haram .
They will see it as an easy means of spreading across the states in East, West and South.

Why not divert this funds to the petroleum sector and agriculture.

100naira per litre my foot.

How possible is it now that recession is eyeing us.

Jumlek2411:
Amen, let our dreams come through.

So you believe that trash?

Joseph, day don break o. Stop dreaming!

This government has nothing to offer, we have seen best and what is left is for them to leave the price of petrol at N300/L come 2023.

The government doesn't have a better plan for Nigerians,lets not forget that same way buhari brought hardship and suffering during his tenure in the military around 1985 is also the way he is trending now...God intervention and we too must shine our eyes not to vote someone of a history like him.
Read full story :
https://esardyservices.com/2020/09/18/buhari-repeating-hunger-suffering-he-made-nigerians-go-through-in-1985/

Our polithiefcians' greed will never allow that, even if they refine in every state of the federation...they will always come up with a stupid excuse why it should be sold at a higher price

Nna eh! No qualms
Have heard this shit over n over again

Forget it. As far as Nigeria remains one big for nothing country, fuel can never sell at N100 even if they have refineries in every street.
We have been hearing this for more than 15yrs and nothing has happened.

Domestic Refinery Owners Association of Nigeria. Where do we have the domestic refineries in Nigeria?

You're a mad man

Wiseandtrue:
Government of excuses

When, if, will...

Failed government!!!

A very useless government

when will those people wake up from their euphoria? Every man for himself when it comes to Nigeria.....

Lol..the man is a joker.
When wll local refineries that producing....2030?

xcellentgraphic:
Lol..the man is a joker.
When wll local refineries that producing....2030?

Smiles,real joker who doesn't even know how to lead the country self...

backnbeta:
Our polithiefcians' greed will never allow that, even if they refine in every state of the federation...they will always come up with a stupid excuse why it should be sold at a higher price

Nigerians need to wise up and bring those who can change this country..We can't refine crude oil,still the finished product is costly..God help us ooooo

esardy:
Nigerians need to wise up and bring those who can change this country..We can't refine crude oil,still the finished product is costly..God help us ooooo

I'm can change this country, but you people won't vote for me if I come out, will you?